Gen Re, a Berkshire Hathaway Company, announced several planned organizational changes prompted by Gerard Lynch’s announcement that he will be retiring December 31, 2014.
Lynch has been chairman and CEO since founding New England Asset Management (NEAM) in 1984.
Effective immediately, the company’s current president, William Rotatori, was promoted to chief executive officer and Chip Clark was appointed to president. Lynch will remain chairman until his retirement, at which point he will become non-executive chairman.
Source: Gen Re
Was this article valuable?
Here are more articles you may enjoy.
NYC Travel Snarled by Snow as Central Park Gets 15 Inches 
Red Flags Adjusters Should Look for in Truck Accident Claims Investigations 
Walmart to Pay $100 Million to Settle FTC Case on Driver Wages 
Bayer to Make $10.5 Billion Push to Settle Roundup Cases 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.